With Tesla Motors (NASDAQ: TSLA), Elon Musk’s electric vehicle (EV) maker and one of the most recognizable names in its industry performing as it did in the first four-odd months of 2024, it can be easy to forget that for most of existence, it has been a highly lucrative investment.
Indeed, though the stock is, even after a recovery initiated with the latest earnings report, one of the worst performers of the S&P 500 of the year and is down 28.42% since January 2.
On the other hand, even a slight zoom-out into a longer time frame reveals that TSLA has, overall, been growing fairly steadily in the stock market, being 4.75% in the green in the last 52 weeks and 1,013.40% on the 5-year chart.
How much would have a TSLA investment at IPO be worth now?
As dramatically evidenced in the difference between the 1-year and the 5-year chart, the growth of TSLA stock price becomes massively more…
